Tag Archives: gbp

The bulls got a huge problem to take out the 1.3300 for good as sellers are very active. And it is not different this time around. We see a retest of 3295/3305 as a selling opportunity with possible targets visible on the chart. Placing the stop above 14. Should you have any questions feel free to contact us anytime.Good luck

Within the last three days bears were able to get back and hold below falling trendline. We are looking to sell rallies towards 1.3000 with first possible target around 1.2850 and the second around 1.2700. Also going to place the stop based on 1-hour chart and will be do so above the candle rejection of the 1.3000 level. Should you

The easy part of Brexit deal (agreement with EU) is done and now let’s do the business at home. Mrs May is facing a wall of a no-vote in parliament (70% probability as of now) and the 1.2660 level is of importance as we head towards the endorsement by Parliament likely to take place before Christmas. As the UK does

Despite Brexit news the bulls were not able to close above 1.2900 yesterday. The bears are still in control and we do have a chance to see latest low or even 1.2650-ish (based on monthly chart). A rise and close above 1.2900 would open the way towards 1.2980/3000 and 1.3035/55. Update 1: If short it is the time to

Short recap Europe opening higher GBP volatile on Manchester bomb attack Merkel’s comments about weak EUR were more preparation ahead of today’s visit of Trump As well as preparation for Sep elections as Germans like strong EUR (DEM) while don’t mind to kick a bit ECB Trump acting as a mediator Muslim states, Israel and Iran Trump’s budget

Short recap Asia in red on Trump mess Europe opening lower Trump to face tough scrutiny from Congress on meeting with Lavrov and sharing sensitive info What would happen if Donald Trump were impeached? link European Court of Justice ruling – EU-UK trade deal doesn’t need to be ratified by all 38 EU’s national and local parliaments Confirming

Short recap Asia lower Europe opened mixed GBP up yesterday as markets speculate that snap elections can remove the political uncertainty And give a stronger mandate tp May in Brexit talks Pence – NK to expect an overwhelming and effective response China shadow banking back at full speed China eased capital flow controls Foreign investment in Canada hitting

Short recap Asia with some caution Europe opened higher but mixed now Trump-Xi meeting – both declared friendship, trust and ready to work together…but no agreements No real consensus on North Korea, US trade deficit on the table over the next three months Chinese in South Korea to discuss North Korea US NFPs lower on weather